Turning Point Brands, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $463.1M | $360.7M | $325.1M | $321.2M | $445.5M | $405.1M | $362.0M |
| Cost of Revenue | — | $198.7M | $159.1M | $142.1M | $143.4M | $227.6M | $215.1M | $224.9M |
| Gross Profit | — | $264.3M | $201.6M | $182.9M | $177.8M | $217.8M | $190.0M | $137.1M |
| Gross Margin | — | 57.1% | 55.9% | 56.3% | 55.4% | 48.9% | 46.9% | 37.9% |
| Operating Expenses | ||||||||
| Research & Development | — | $900.0K | $1.3M | $600.0K | $600.0K | $1.1M | $1.3M | $2.5M |
| SG&A Expense | — | $169.0M | $122.4M | $104.3M | $103.8M | $127.5M | $125.6M | $109.9M |
| Operating Income | — | $95.3M | $80.8M | $83.0M | $74.0M | $90.3M | $64.4M | $27.2M |
| Operating Margin | — | 20.6% | 22.4% | 25.5% | 23.0% | 20.3% | 15.9% | 7.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $83.1M | $65.0M | $62.1M | $42.1M | $65.3M | $50.1M | $19.1M |
| Income Tax Expense | — | $15.0M | $16.9M | $24.0M | $11.0M | $14.0M | $12.0M | $2.9M |
| Net Income | — | $58.2M | $39.8M | $38.5M | $11.6M | $52.1M | $38.2M | $16.2M |
| Net Margin | — | 12.6% | 11.0% | 11.8% | 3.6% | 11.7% | 9.4% | 4.5% |
| EPS (Basic) | — | $3.18 | $2.24 | $2.19 | $0.65 | $2.75 | $1.97 | $0.83 |
| EPS (Diluted) | — | $3.11 | $2.14 | $2.01 | $0.64 | $2.52 | $1.85 | $0.78 |
| Shares Outstanding (Basic) | 19.1M | 18.3M | 17.7M | 17.6M | 17.9M | 18.9M | 19.4M | 19.6M |
| Shares Outstanding (Diluted) | 19.1M | 18.7M | 19.4M | 20.5M | 18.1M | 22.4M | 22.9M | 23.2M |
| Dividends Per Share | — | $0.30 | $0.28 | $0.26 | $0.24 | — | — | — |